New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-07-14
GEN. BURNsIDHs USE OF TRUST FUNDS.
ACCUSING HIM OF pIsPosING OF BONDS LEFT By |
HIS wIFE-OiHER SUITS

ACCUSING HIM OF DISCLOSING OF BONDS LEFT BY
HIS wIFE-OiHER SUITS.
involving the question whether oener@
Burnside, at time Commander Of the Army OF inc
Potomac and aferward Governor of Rhode isiahd
and United States Senator. improperly used trust
funds committed to his care by the Will OF his WIFE,
Mrs Mary r. Burnside trial yesterday before
Justice Donohue In the Supreme Court Special ERIN.
Augustus c. Brown, ancillary administrator Oh the
estate of Mrs. Burnside, seeks In this suit to obtain
from the Farmers Loan and Trust Company an &C
counting In regard to fifteen $1,000 bonds of Simon
B. Buekner secured by property in Chicago 1t Is
plaimed that these bonds left TO General Burn
side In trust by the will of his wife, he holding
life estate In them without power to pledge them and
that no did piedge tbea with the Farmers Loan and
Trust Company security fOr ioan OF @lo,ovO
About 5000 together with some accrued Interest was
returned to the estate by the rust COMPANY after the
securities had been disposed OF for that much more
than tho amount Of the original loan The company
csims that this was returned voluntarily, as was
only desired by the company 70 retain the amount OF
The defence is that under the will General Burn
side entitl ABSOLUTELY dispose of the property
and was to use SO much Of It as he required during
Trust Company testined that he had known General
Burnside during his Lifetime After the loan was
sibo for him to repay it and that the company must
take the bonds fer the money which i would DO ad
tho Chicago property Increased In yalue Doc1,
~snary evidence VA: submitted and the decision win
United to the Court. Tho question involved has been
the subject of controversy In other suits growing out
of loans similar securities made to General
Burnside by william r. Travers, William II. Osborne
and Commercial Bank OF Providence In the latter
Trsvers suit Justice Nelson decided that General
Burnside had full authority to dispose Of the property
Absolutely The other suit is stil pending.
NeKAY AND HOSHER WINNERS AT WORCESTER
WORCESTER. Mass. July IS tspeciaD The double scun
race today disappointment yet 1t was one of the
finest races Lake Quinsigamond- In the
first place Eyck Of this city and LANG Of Montreal
did not start having decided in practice that the field
was too fast for them Teemer and Hamm were hot
favortes to the field yet they had not rowed
twenty strokes from the when Hamm broke
and they of the This left Wallace Ross
and George Lee and John Mckay and George H. Hosmer
~ the only contestants Tho the usual
threemile course mile and a-hal up the lake and
back Mckay and Hosmer the lead from the start,
rowing forty strokes to the minute. and although they
lost it, time they three lengths ahead
Ross and Lee hung them plucky. The squirt at the
start dropped down to about thirty strokes 10 tho minute
IN both boats, and at this pace OF the
rowed The leaders reached the turn In Just nine min
the start On the bouestretch Ross and Lee
made q ndous apurt OF more than quarter OF
mile. closing up the gap TO less than length Ross
unable TO stand the he had set and saokened when
within quarter OF a.ie OF the finish. Another dos
perae brief speed when within 800 yards Of
tos showed that the leaders mad plenty OF 10 In them
the pair had to submit defeat by about
three lengths. The time of Mckay and Hosmer
1890 the losers creased the line ten seconds Later